After Airtel, TATA Indicom Ties up with MChek for Mobile Payment Processing!
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MChek is one of the most used mobile payment processing service, using which you can easily send and receive money to your bank account or else pay for goods or services, book air/railway tickets from your mobile, or pay your postpaid mobile bill and recharge prepaid mobiles. MChek is one the most used payment processing service and was first adopted by Airtel about a year ago.
Reportedly, seeing its good response and customer interest towards one such mobile payment processing service, TATA Indicom too have recently roped in MChek services for its valued customers.
So, I would say, if you are with TATA Indicom, you have got yet another reason to stick with the TATA’s CDMA network. According to reports, TATA has initially launched MChek service only for mobile bill payments and prepaid mobile recharge, but I am optimistic that it would shortly be supporting other service as in Airtel.
If you are with TATA and want to start using this service immediately, then just send an SMS “PAY TATA” to 59909 and follow their instructions.
For those who don’t know how exactly this service works, its a service that uses either your service provider’s data services or SMS service of the service provider. Airtel has both the facilities supported (SMS & GPRS), but the GPRS based MChek application is truly very convenient to use. Infact, I have personally tested it out and it works like charm.
If you too want to upgrade yourself to the modern way of processing payment, then just try it out once. Its safe and convenient!
Link: MChek
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Great service, another wonderful offering by TATA Indicom!!!
Yes, indeed..
Yet there’s a big way to go!!
Mobile payments promises to provide an alternate payment mechanism that would not only lower the cost of transactions but also will be more secure. Also, the adoption is likely to be higher as there are more subscribers of mobile phones than the credit or debit cards especially in emerging economies. However, the consumers may have a few concerns about mobile payments which need to be addressed. I have discussed a few of them in my article on http://www.telecomcircle.com Request you to comment on the consumer issues and what the different players can do to increase consumer adoption.
It would be great if you can post your comments on the site itself so that all the readers may benefit from your comments.
Regards,
Mohit